Hayat Pharmaceutical Industries Dividend
Dividend criteria checks 3/6
Hayat Pharmaceutical Industries is a dividend paying company with a current yield of 6.47% that is well covered by earnings.
Key information
6.5%
Dividend yield
67%
Payout ratio
| Industry average yield | 1.9% |
| Next dividend pay date | n/a |
| Ex dividend date | 28 Apr 24 |
| Dividend per share | n/a |
| Earnings per share | د.أ0.25 |
| Dividend yield forecast in 3Y | n/a |
Recent dividend updates
No updates
Recent updates
Upcoming Dividend Payment
Stability and Growth of Payments
Fetching dividends data
Stable Dividend: HPIC has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: HPIC's dividend payments have increased, but the company has only paid a dividend for 4 years.
Dividend Yield vs Market
| Hayat Pharmaceutical Industries Dividend Yield vs Market |
|---|
| Segment | Dividend Yield |
|---|---|
| Company (HPIC) | 6.5% |
| Market Bottom 25% (JO) | 4.6% |
| Market Top 25% (JO) | 7.6% |
| Industry Average (Pharmaceuticals) | 1.9% |
| Analyst forecast in 3 Years (HPIC) | n/a |
Notable Dividend: HPIC's dividend (6.47%) is higher than the bottom 25% of dividend payers in the JO market (4.57%).
High Dividend: HPIC's dividend (6.47%) is low compared to the top 25% of dividend payers in the JO market (7.58%).
Earnings Payout to Shareholders
Earnings Coverage: With its reasonable payout ratio (67.3%), HPIC's dividend payments are covered by earnings.
Cash Payout to Shareholders
Cash Flow Coverage: With its reasonable cash payout ratio (66.7%), HPIC's dividend payments are covered by cash flows.